PAR Technology Corporation (PAR) Financial Statements (2025 and earlier)

Company Profile

Business Address PAR TECHNOLOGY PARK
NEW HARTFORD, NY 13413
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3578 - Calculating and Accounting Machines, Except Electronic Computers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments108,641118,382142,45572,51074,56379,853
Cash and cash equivalent108,117105,804114,92850,78037,36943,136
Short-term investments52412,57827,52721,73037,19436,717
Receivables59,72660,29850,20369,95863,38266,441
Inventory, net of allowances, customer advances and progress billings21,86123,91525,52625,05423,59424,193
Inventory21,86123,91525,52625,05423,59424,193
Funds held for clients13,42815,26612,80412,55810,1708,758
Disposal group, including discontinued operation   6,382   
Other current assets14,39014,7439,42714,2058,8909,516
Total current assets:218,046232,604246,797194,285180,599188,761
Noncurrent Assets
Operating lease, right-of-use asset8,2217,6514,7403,6274,083 
Property, plant and equipment14,10714,86514,45215,35615,75516,110
Intangible assets, net (including goodwill)1,124,7921,029,135772,167777,345584,506583,635
Goodwill887,459803,084623,875619,632489,654487,073
Intangible assets, net (excluding goodwill)237,333226,051148,292157,71394,85296,562
Disposal group, including discontinued operation, noncurrent assets   839   
Other noncurrent assets15,56115,01917,68918,30017,66316,400
Other undisclosed noncurrent assets      4,303
Total noncurrent assets:1,162,6811,066,670809,887814,628622,007620,448
TOTAL ASSETS:1,380,7271,299,2741,056,6841,008,913802,606809,209
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities48,72243,49534,72950,98540,25137,807
Accounts payable34,78435,18630,68239,83229,80827,229
Accrued liabilities13,9388,3094,04711,15310,44310,578
Deferred revenue24,94430,44414,29414,7109,30410,066
Debt      13,638
Disposal group, including discontinued operation   2,033   
Other undisclosed current liabilities38,17135,40328,04628,02330,67725,737
Total current liabilities:111,837109,34279,10293,71880,23287,248
Noncurrent Liabilities
Long-term debt and lease obligation368,355466,735378,672378,155377,647377,148
Long-term debt, excluding current maturities368,355466,735378,672378,155377,647377,148
Liabilities, other than long-term debt28,82530,49010,58910,64011,66210,598
Deferred revenue1,5291,7332,8763,2964,2044,329
Deferred compensation liability, classified      1,600
Other liabilities21,24323,1984,1734,8254,6394,669
Operating lease, liability6,0535,5593,5402,5192,819 
Other undisclosed noncurrent liabilities      1,475
Total noncurrent liabilities:397,180497,225389,261388,795389,309389,221
Total liabilities:509,017606,567468,363482,513469,541476,469
Equity
Equity, attributable to parent, including:871,710692,707588,321526,400333,065332,740
Common stock798749705703584574
Treasury stock, value(21,849)(21,849)(21,828)(21,616)(16,778)(16,836)
Additional paid in capital1,085,473972,811852,406844,210625,154606,836
Accumulated other comprehensive loss(20,951)(118)(3,908)(3,653)(939)(1,507)
Accumulated deficit(279,943)(258,886)(239,054)(293,244)(274,956)(256,327)
Other undisclosed equity, attributable to parent 108,182     
Total equity:871,710692,707588,321526,400333,065332,740
TOTAL LIABILITIES AND EQUITY:1,380,7271,299,2741,056,6841,008,913802,606809,209

Income Statement (P&L) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Revenues105,00596,75478,150105,497107,708107,134
Cost of revenue
(Cost of Product and Service Sold)
(59,998)(53,723)(46,122)(76,934)(81,307)(78,948)
Gross profit:45,00743,03132,02828,56326,40128,186
Operating expenses(61,432)(58,225)(52,763)(53,234)(41,406)(41,373)
Operating loss:(16,425)(15,194)(20,735)(24,671)(15,005)(13,187)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2,856(1,400)(610)306(152)(373)
Interest and debt expense(11,031)(4,694)(2,373)(2,364)6,975(3,095)
Loss from continuing operations before equity method investments, income taxes:(24,600)(21,288)(23,718)(26,729)(8,182)(16,655)
Other undisclosed income (loss) from continuing operations before income taxes 3,735  656(9,389)1,345
Loss from continuing operations before income taxes:(20,865)(21,288)(23,718)(26,073)(17,571)(15,310)
Income tax expense (benefit)(1,752)(653)(612)7,785(1,058)(206)
Net loss:(22,617)(21,941)(24,330)(18,288)(18,629)(15,516)
Other undisclosed net income (loss) attributable to parent1,5602,10978,520   
Net income (loss) available to common stockholders, diluted:(21,057)(19,832)54,190(18,288)(18,629)(15,516)

Comprehensive Income ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Net loss:(22,617)(21,941)(24,330)(18,288)(18,629)(15,516)
Comprehensive loss:(22,617)(21,941)(24,330)(18,288)(18,629)(15,516)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(19,273)5,89978,265(2,714)5681,417
Comprehensive income (loss), net of tax, attributable to parent:(41,890)(16,042)53,935(21,002)(18,061)(14,099)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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